TSMEvsASCEETF Comparison
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Thrivent Small-Mid Cap Equity ETF (TSME) and Allspring SMID Core ETF (ASCE) belong to the same industry segment: US Multi-Factor. TSME's top 3 sector exposures are Technology, Industrials and Non-Energy Materials. In contrast, ASCE's top sector exposures are Finance, Technology and Healthcare. TSME is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.38% for ASCE. TSME is up 15.83% year-to-date (YTD) with -$5M in YTD flows. ASCE performs better with 26.07% YTD performance, and +$69M in YTD flows. Run a side-by-side ETF comparison of TSME and ASCE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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TSME vs ASCE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TSME ASCE | -4.78%-1.76% | +2.44%+9.08% | +15.83%+26.07% | +25.36%+34.72% | +62.42%n/a | n/an/a |
| Flows | TSME ASCE | +$25M+$20M | -$32M+$49M | -$5M+$69M | +$294M+$94M | +$572M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TSME ASCE | +25.03%+19.07% | +22.45%+19.30% | +21.94%n/a | n/an/a |
| Max drawdown | TSME ASCE | -8.47%-4.85% | -14.69%-9.21% | -26.79%n/a | n/an/a |
| Max drawdown duration | TSME ASCE | 24d19d | 54d76d | 255dn/a | n/an/a |
Trading data
TSME | ASCE | |
Last sale 7/27/2026 at 1:30 PM | $48.45 | $34.08 |
| Previous close 07/24/2026 | $48.18 | $33.65 |
| Consolidated volume 07/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 7/27/2026 at 1:30 PM
Live
Closed
TSME | ASCE | |
|---|---|---|
| Last price | $48.45 | $34.08 |
| 1D performance | +0.56% | +1.28% |
| AuM | $960.02 M | $119.29 M |
| E/R | 0.65% | 0.38% |
Characteristics
TSME | ASCE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Thrivent Asset Management | Allspring |
| Benchmark | - | - |
| N° of holdings | 68 | 55 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 5, 2022 | July 8, 2025 |
| ESG | No | No |
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Exposure
Countries
TSME
USA
90.75%
Other
9.25%
ASCE
USA
93.12%
Other
6.88%
Sectors
TSME
Technology
25.16%
Industrials
24.39%
Non-Energy Materi.
10.06%
Finance
9.26%
Healthcare
9.23%
Consumer Non-Cycl.
8.25%
Other
13.65%
ASCE
Finance
22.64%
Technology
21.33%
Healthcare
15.59%
Industrials
12.72%
Consumer Cyclical.
7.54%
Other
20.19%
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Diversification
TSME
Total weight of top 15 holdings out of 15
36.44%
ASCE
Total weight of top 15 holdings out of 15
36.35%
Top 15 holdings
Data as of June 30, 2026
TSME
Enova International, Inc.
3.14%
Bel Fuse, Inc.
3.13%
SharkNinja, Inc.
2.97%
Modine Manufacturing Co.
2.60%
Littelfuse, Inc.
2.58%
CECO Environmental Corp.
2.57%
LSI Industries, Inc.
2.56%
Element Solutions, Inc.
2.29%
Viking Holdings Ltd. (Bermuda)
2.27%
Coherent Corp.
2.20%
Limbach Holdings, Inc.
2.11%
Turning Point Brands, Inc.
2.07%
Ryder System, Inc.
2.05%
Penguin Solutions, Inc.
1.94%
FTAI Aviation Ltd.
1.94%
ASCE
Carpenter Technology Corp.
3.07%
Credo Technology Group Holding Ltd.
3.05%
Onto Innovation, Inc.
2.72%
TTM Technologies, Inc.
2.68%
Blue Bird Corp.
2.62%
Corcept Therapeutics, Inc.
2.51%
StoneX Group, Inc.
2.44%
Amneal Pharmaceuticals, Inc.
2.44%
Bel Fuse, Inc.
2.24%
Exelixis, Inc.
2.22%
Virtu Financial, Inc.
2.22%
Alignment Healthcare, Inc.
2.15%
Acadian Asset Management, Inc.
2.04%
SkyWest, Inc.
1.99%
SharkNinja, Inc.
1.95%
Frequently asked questions about TSME and ASCE
How have the TSME and ASCE ETFs performed in 2026?
As of July 24, 2026, TSME is up 15.83% year-to-date (YTD), while ASCE has returned 26.07%. That puts ASCE better performer ahead so far this year.
Which ETF is attracting more investor money: TSME or ASCE?
Year-to-date, the TSME ETF saw -$5M in flows, compared to +$69M for ASCE.
Which ETF is more volatile: TSME or ASCE?
Over the past year, TSME had a volatility of 22.45%, while ASCE experienced 19.3%.
Which ETF is bigger: TSME or ASCE?
As of July 24, 2026, TSME holds $960.02 M in assets under management (AUM), while ASCE manages $119.29 M.
What sectors do the TSME and ASCE ETFs invest in?
TSME leans toward sectors like Technology, Industrials and Non-Energy Materials. Meanwhile, ASCE focuses on Finance, Technology and Healthcare.
What are the top holdings of the TSME ETF and ASCE ETF?
TSME top holdings include Enova International, Inc., Bel Fuse, Inc. and SharkNinja, Inc.. ASCE holds in its top three: Carpenter Technology Corp., Credo Technology Group Holding Ltd. and Onto Innovation, Inc..
Which ETF is more diversified: TSME or ASCE?
TSME holds 68 securities with 36.44% of its assets in the top 15. ASCE has 55 securities and a top 15 weight of 36.35%.
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Latest news about TSME & ASCE
What's the Fund | Thrivent Small-Mid Cap Equity ETF (Ticker: TSME)
March 6, 2026
TSME
Putting The Pieces Together of a Small-Mid Cap ESG ETF
October 5, 2023
TSME
Exploring Actively Managed ETFs and Thrivent's SMID Cap Strategy
May 19, 2023
TSME
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Understanding US Multi-Factor Investing
May 9, 2023
TSME
Understanding US Multi-Factor Investing
May 9, 2023
TSME
Chad Miller on Thrivent's Small Mid Cap ESG ETF (TSME)
April 25, 2023
TSME
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